Mann Russell 4

What Happened
Russell Mann, a director of Ooma Inc. (OOMA), sold a total of 20,000 OOMA shares in two open-market transactions on June 24, 2026. He disposed of 12,502 shares at $18.38 each for $229,763 and 7,498 shares at $18.30 each for $137,251, for an aggregate sale value of approximately $367,014. This was a sale (S) transaction — commonly a routine disposition, not necessarily an indicator of company outlook.

Key Details

• Transaction date: 2026-06-24 (both trades)
• Trades and prices: 12,502 shares @ $18.38 ($229,763); 7,498 shares @ $18.30 ($137,251)
• Aggregate shares sold: 20,000; aggregate proceeds: ~$367,014
• Transaction type: Open-market sale (SEC Form 4 code S)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Filing timeliness: No late filing indicated in the provided data

Context
Open-market sales by directors are often routine (e.g., diversification or liquidity needs) and do not by themselves signal management’s view of the company. Purchases tend to carry more weight for bullish signals; this filing documents a straightforward sale of existing shares rather than option exercises, gifts, or awards.